Bonfire for Leadership
Get the insights you need to understand procurement’s business impact and be proactive to risks and opportunities in your sourcing.
The data you need to make informed decisions
Procurement’s role within the organization is evolving to that of a strategic partner. It is an increasingly important lever to derive cost-savings, gain additional insight, and advance strategic objectives organization-wide. Bonfire gives leadership teams the transparency and insight necessary to understand where the organization is spending money and the business value driven by procurement.
in spend managed
By the numbers
How Bonfire delivers value
Projects and Contract Visibility
In one view, gain visibility into relevant KPIs such as current and upcoming project workload, contracts at risk, spend under management, and cumulative cost savings.
Insights on Team Performance
View a snapshot of your procurement team’s contributions. You can segment by User, Department, or Project Type, and explore your data through customizable visuals, or export the raw data for offline analysis.
Track targeted spend and savings on each sourcing event, and equip your procurement team with a platform that allows them to bring more spend under management and drive greater cost savings.
Insights on Vendor Performance
Empower your team to be proactive to risks and opportunities in their sourcing and contracts. View vendor performance trends, build strong relationships with strategic suppliers, and drive continuous improvement in contracted work.
Why strategic sourcing?
Digital transformation is well underway in the public sector, bringing process improvements, time-savings, and better customer service to various functions across the organization. However, many procurement teams remain concerned about how their stakeholders might...read more
Many procurement teams are still using paper and spreadsheets to run their competitive bidding and RFP process, even while other areas of the organization modernize. There are many reasons for keeping paper around, whether it’s lagging laws that require paper copies,...read more
Drawing on data from over $527M of spending decisions, Bonfire brings you the most comprehensive RFP benchmarking study ever conducted. Analyzing a sample of over 2000 anonymized RFP projects, we examine key questions: How are RFPs typically set up (pricing, stages,...read more